Under a Just-In-Time (JIT) Inventory System, It Is Likely That

question 1

Multiple Choice

Under a just-in-time (JIT) inventory system, it is likely that the ________ will increase.

• A) amount of working capital for inventory
• B) inventory turnover
• C) number of defective parts
• D) inventory holding costs
• E) storage costs

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Definitions:

Internet Infrastructure

The physical and virtual technologies, including the vast network of servers, cables, satellites, and software, that enable the functioning of the global internet.

Web Services

Technology that allows different machines to communicate with each other over the internet through standardized protocols, enabling interoperability.

Mainframes

Powerful computers used primarily by large organizations for critical applications, processing bulk data, and enterprise resource planning.

Cloud Computing

Delivery of computing services—including servers, storage, databases, networking, software, analytics, and intelligence—over the internet to offer flexible resources and economies of scale.